Schwab Reports Monthly Activity Highlights

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SAN FRANCISCO--(BUSINESS WIRE)--The Charles Schwab Corporation released its Monthly Activity Report
today. Company highlights for the month of May 2017 include:

Net new assets brought to the company by new and existing clients in
May 2017 totaled $24.0 billion.

Total client assets were a record $3.00 trillion as of month-end May,
up 15% from May 2016 and up 2% compared to April 2017.

Client assets receiving ongoing advisory services were also a record
$1.52 trillion as of month-end May, up 17% from May 2016 and up 2%
compared to April 2017.

About Charles Schwab

The Charles Schwab Corporation (NYSE:SCHW) is a leading provider of
financial services, with more than 335 offices and 10.4 million active
brokerage accounts, 1.5 million corporate retirement plan participants,
1.1 million banking accounts, and $3.00 trillion in client assets as of
May 31, 2017. Through its operating subsidiaries, the company provides a
full range of wealth management, securities brokerage, banking, money
management, custody, and financial advisory services to individual
investors and independent investment advisors. Its broker-dealer
subsidiary, Charles Schwab & Co., Inc. (member SIPC,
www.sipc.org),
and affiliates offer a complete range of investment services and
products including an extensive selection of mutual funds; financial
planning and investment advice; retirement plan and equity compensation
plan services; referrals to independent fee-based investment advisors;
and custodial, operational and trading support for independent,
fee-based investment advisors through Schwab Advisor Services. Its
banking subsidiary, Charles Schwab Bank (member FDIC and an Equal
Housing Lender), provides banking and lending services and products.
More information is available at www.schwab.com
and www.aboutschwab.com.

The Charles Schwab Corporation Monthly Activity Report For May
2017

2016

2017

Change

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Mo.

Yr.

Market Indices

(at month end)

Dow Jones Industrial Average

17,787

17,930

18,432

18,401

18,308

18,142

19,124

19,763

19,864

20,812

20,663

20,941

21,009

-

18%

Nasdaq Composite

4,948

4,843

5,162

5,213

5,312

5,189

5,324

5,383

5,615

5,825

5,912

6,048

6,199

2%

25%

Standard & Poor’s 500

2,097

2,099

2,174

2,171

2,168

2,126

2,199

2,239

2,279

2,364

2,363

2,384

2,412

1%

15%

Client Assets

(in billions of dollars)

Beginning Client Assets

2,576.2

2,607.2

2,622.0

2,698.2

2,710.4

2,725.3

2,686.7

2,734.6

2,779.5

2,831.3

2,895.2

2,922.5

2,948.8

Net New Assets (1)

16.0

9.3

9.0

10.4

10.6

6.1

11.9

18.9

11.1

6.6

21.2

2.8

24.0

N/M

50%

Net Market Gains (Losses)

15.0

5.5

67.2

1.8

4.3

(44.7)

36.0

26.0

40.7

57.3

6.1

23.5

23.0

Total Client Assets (at month end)

2,607.2

2,622.0

2,698.2

2,710.4

2,725.3

2,686.7

2,734.6

2,779.5

2,831.3

2,895.2

2,922.5

2,948.8

2,995.8

2%

15%

Receiving Ongoing Advisory Services

(at month end)

Investor Services

202.7

205.0

210.2

211.7

213.4

211.3

213.2

217.1

220.8

227.9

230.9

234.4

239.1

2%

18%

Advisor Services (2)

1,103.7

1,110.5

1,142.3

1,149.4

1,155.4

1,140.5

1,161.8

1,184.3

1,208.4

1,239.0

1,250.9

1,262.7

1,283.4

2%

16%

Client Accounts

(at month end, in thousands)

Active Brokerage Accounts

9,948

9,977

9,989

10,021

10,046

10,068

10,102

10,155

10,198

10,254

10,320

10,386

10,439

1%

5%

Banking Accounts

1,060

1,065

1,074

1,083

1,088

1,092

1,099

1,106

1,109

1,117

1,120

1,128

1,138

1%

7%

Corporate Retirement Plan Participants

1,555

1,553

1,559

1,565

1,561

1,547

1,550

1,543

1,543

1,534

1,545

1,543

1,541

-

(1%)

Client Activity

New Brokerage Accounts (in thousands)

81

87

84

96

84

84

93

116

111

113

138

125

115

(8%)

42%

Inbound Calls (in thousands)

1,554

1,665

1,605

1,755

1,633

1,565

1,642

1,931

1,817

1,787

2,111

1,788

1,727

(3%)

11%

Web Logins (in thousands)

38,000

43,220

46,217

42,627

38,237

35,429

37,687

40,720

40,047

40,717

45,441

39,750

44,024

11%

16%

Client Cash as a Percentage of Client Assets (3)

12.7%

12.6%

12.5%

12.5%

12.5%

12.8%

12.8%

13.0%

12.7%

12.4%

12.4%

12.1%

11.8%

(30) bp

(90) bp

Mutual Fund and Exchange-Traded Fund

Net Buys (Sells)(4, 5)

(in millions of dollars)

Large Capitalization Stock

(799)

185

(1,173)

(755)

(1,209)

(652)

200

565

265

580

(125)

346

134

Small / Mid Capitalization Stock

(272)

(113)

(320)

(214)

460

(190)

877

1,103

1,364

673

(409)

(797)

(285)

International

(207)

(1,208)

(347)

386

(26)

(1)

348

(683)

1,296

1,633

1,703

2,410

3,610

Specialized

265

470

357

189

(274)

(159)

(1,019)

20

411

1,007

273

570

529

Hybrid

1,133

(403)

(463)

(219)

58

(432)

(687)

(456)

(53)

258

563

92

65

Taxable Bond

1,526

1,421

1,420

1,888

1,585

1,475

(1,110)

1,045

3,144

3,535

3,876

2,060

3,618

Tax-Free Bond

940

700

766

920

539

20

(1,090)

(1,692)

864

472

300

155

290

Net Buy (Sell) Activity

(in millions of dollars)

Mutual Funds (4)

620

(2,049)

(1,683)

(297)

(656)

(1,979)

(5,864)

(5,825)

2,522

4,005

2,368

1,116

3,837

Exchange-Traded Funds (5)

1,966

3,101

1,923

2,492

1,789

2,040

3,383

5,727

4,769

4,153

3,813

3,720

4,124

Money Market Funds

(738)

(1,799)

701

(768)

(658)

211

1,851

1,141

(1,761)

(181)

1,218

(4,434)

(1,167)

Average Interest-Earning Assets (6)

(in millions of dollars)

184,432

187,933

191,850

194,268

199,107

201,894

206,970

212,052

216,001

216,112

218,554

217,407

215,252

(1%)

17%

(1)

February 2017 includes an outflow of $9.0 billion from a mutual fund
clearing services client. May 2016 includes an inflow of $2.7
billion from a mutual fund clearing services client.